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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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501  Other / Beginners & Help / Re: Wallet Question on: April 06, 2013, 12:03:47 AM
1. The 'wallet' does not contain the actual coins but rather the keys (pointer) to your coins in the block chain.
2. The address is really a public key/private key combo.
3. Wallets are encrypted to protect the private key.

1. The wallet contains your private key and some other information. This key basically makes you a blockchain moderator.
2. I always thought that the address was the public key but you are probably right it is public/private keys hashed.
3. Wallets are not encrypted by default you have to encrypt them.

Hope that helps...
502  Other / Beginners & Help / Re: Will ByteCoin confuse people about BitCoin on: April 05, 2013, 05:51:01 AM
Nope
503  Other / Beginners & Help / Re: Will ByteCoin confuse people about BitCoin on: April 04, 2013, 02:46:14 PM
Business plan:
1) copycat something
2) give it a vaguely similar name
3) find a bunch of excited losers who can't tell a from b
4) profit

504  Economy / Service Discussion / Re: So mt. gox keeps getting attacked (DDOS) they release this statement on: April 04, 2013, 04:40:19 AM
Good one!
505  Economy / Scam Accusations / Re: Ian Bakewell on: April 02, 2013, 09:24:14 PM
Now, all he has to do is wait for this "bubble" to burst and then apologize... *cough*

He didn't seem competent enough even back when glbse was about. Sorry... Rule #1: don't ever cash out borrowed coin.

+1 on the policy
506  Economy / Securities / Re: [BitFunder] Diablo Mining Company [shifting gears] on: April 01, 2013, 04:18:35 AM
Rrrrrright...
507  Economy / Securities / Re: [BitFunder] Diablo Mining Company [shifting gears] on: April 01, 2013, 03:45:42 AM
I have posted a notice in the op post.

Out if all the active shares how many you got?
508  Bitcoin / Press / Re: 2013-03-28 New Statesman: Bitcoin is shooting up. (So are some of its users) on: March 29, 2013, 09:41:26 PM
Very bad pun.
509  Economy / Securities / Re: [BitFunder] Diablo Mining Company [shifting gears] on: March 27, 2013, 07:38:17 PM
Shouldn't we be getting dividends on them AM shares? That the company has 1000 of?

Today is only the 27th.

Oh, werd, thought it was a weekly thing... My bad...
510  Economy / Securities / Re: [BitFunder] Diablo Mining Company [shifting gears] on: March 27, 2013, 06:50:13 PM
Shouldn't we be getting dividends on them AM shares? That the company has 1000 of?
511  Economy / Economics / Re: Can some one share his feelings after buying 1k BTC today? on: March 27, 2013, 06:44:35 PM
I bought some at $5-7 and now my feeling is not bad but I all the time I know that it can crash back.
And probably I will manage to quit not lossing too much.

But seeing todays prices makes me too nervous especieally when I imagine myself buying now and facing tomorrow big crash to ~5.

Of course I am exaggerating but you know, noone knows for sure.

so if it is possible to share your experience, please share it.

thanks

upd: sorry maybe it is more appropriate to speculation.

I Cashed out all my current BTC at $74.11 and I am a little sad that I sold seeing the prices at almost $90 today but I smell hyperinflation and a bubble bursting soon.... I called the housing bust in ~2005 and told my dad to sell, I also called the Google, IPO going nut, and the Apple downturn, and I do this with out looking at fancy charts, I use my Gut, and so far in my life its lead me well.... I PRAY I didnt cash out on Bitcoins, and this $86 is what we expect to be a cheap price for coins in the future.

You're just bitter... Should've waited till the Cyprus banks opened up...
512  Economy / Auctions / Re: Auction of 1000 shares of ASICMINER starting at .75 on: March 27, 2013, 12:21:44 AM
Now what?
513  Economy / Auctions / Re: Auction of 1000 shares of ASICMINER starting at .75 on: March 26, 2013, 05:37:54 PM
Paid. Send me a pm to confirm.
514  Economy / Auctions / Re: Auction of 1000 shares of ASICMINER starting at .75 on: March 26, 2013, 03:26:21 AM
Got to get the chain updated and will send the payment first thing.
515  Other / Off-topic / Re: Programmers, developers, engineers, thoughts? on: March 21, 2013, 06:06:26 PM
Quote
...My thought is that there isn't anything magical with the human consciousness...

You lost me right up front...the human brain and consciousness are quantum mechanical in nature and we really have NO IDEA.

That is currently just a theory, and a fairly unproven one at that.

Actually, everything that is made form atoms is quantum mechanical.
516  Economy / Auctions / Re: Auction of 1000 shares of ASICMINER starting at .75 on: March 20, 2013, 06:42:55 PM
50 @ 75
50 @ .75 that is
517  Economy / Auctions / Re: Auction of 1000 shares of ASICMINER starting at .75 on: March 20, 2013, 06:39:59 PM
50 @ 75
518  Bitcoin / Bitcoin Discussion / Re: FinCEN addresses Bitcoin on: March 19, 2013, 06:28:50 PM
Jesus, you people really don't pay attention to anything at all.

A "money services business" is someone who holds (fiat) money for someone else.

A "money transmitter" is someone who holds (fiat) money for someone else and carries it across jurisdictional boundaries.

"Money" is guaranteed future value.

None of this has anything to do with Bitcoin, although they would like you to believe it does.  It's a hoax.  It's a psy-op.  All they are doing is telling you how they will respond if you try to peg your "virtual currency" to the US dollar.  And they are telling you this because they have to give you notice in order to limit their own liability for any assumptions made regarding their defective ponzi money.  They are limiting their own liability for their practice of transmitting the use of force via scrip, in arbitrarily regulating its value by money-printing and confiscation.

Bitcoin is not pegged to anything.  It does not have "equivalent value" in "real" US dollar currency.  It is not a "substitute" for "real" US dollar currency.  It is not given arbitrary value by anyone and thus is not based on the transmission of force.  It is not "convertible" for anything.  It isn't even "money" technically.

This is 100% nonsense that only applies to perhaps a couple of businesses in the Bitcoin community that peg their vouchers to the US dollar.

If you idiots respond to this in the way in which it was designed for you to respond, and stop mining and increase the centralization of Bitcoin and voluntarily sign up for regulations that don't actually apply to you, then you might as well just flush your Bitcoins down the toilet.

Good one...
519  Bitcoin / Bitcoin Discussion / Re: Understanding why the call to rollback to v0.7 was made. on: March 13, 2013, 12:35:16 AM
All right, thanks, man... I can get the chain fine on the 0.8. Was not sure if the problem was related.
520  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: March 13, 2013, 12:20:54 AM
Who cares... just bring the site back up...
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